Profits Run with Bill Poulos

Profits Run

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Summary

Bill Poulos of Profits Run is running a virtual smorgasbord of “get-rich-quick” trading programs. There is something for everyone. How to get rich quick scalping Forex, how to get even richer buying and selling stock options, hot to become fabulously wealthy using a super-secret trading indicator to trade Exchange Traded Funds.

A true carnival barker with over 17 years of experience hustling the naive and the desperate. The young, the elderly, and everyone in-between. Equipped with a boiler room and hyper-aggressive salesman that recommend that purchasers take out 2nd mortgages and borrow against credit cards. Promising that educational costs can be quickly recouped with a ‘copy and paste’ trading software that supposedly delivers a near-constant stream of easy cash.

Pure nonsense from a pathetic liar. No track record of ever trading successfully. A charlatan, a con-man, a carnival barker lacking even the most minimal amount of decency and integrity.

Thanks for reading today’s review of Profits Run

What is Profits Run? The company is a trading educational business owned by Bill Poulos, operating in Wixom, Michigan. According to Archive.Org, Profits Run appeared on the trading educational scene in 2001. Profits Run is offering a virtual smorgasbord of different trading products and services. Currently, the company is selling the following:

Profits Run is offering a virtual smorgasbord of different trading products and services. There is something for everyone. Currently, the company is selling the following products and services:

Profits Run Marketing

To define Profits Run as a trading educational business is like describing a McDonald’s restaurant, as a simple hamburger shop. Profits Run is a massive sales franchise.

Profits Run is first and foremost an internet marketing company. That happens to be selling trading educational products. How many different products and services? According to Archive.Org, the company first appeared on the trading educational scene back in 2001. TradingSchools.Org spent several days attempting to curate a complete list of trading products, the truth is that so many products have existed and then disappeared, that we could not fully account.

However, we were able to build a database of websites and web addresses that have been used over the past 17 years of operation. The following is not a complete list, but our best effort:

forexnittygritty.com

nohypestocks.com

forexprofitaccelerator.com

onetradingtrick.com

forexprofitcaster.com

openforextraining.com

forexprofitmultiplier.com

optionsincomeengine.com

forextipsrevealed.com

optionsprofitaccelerator.com

forextrainingmaterial.com

optionsprofitmastery.com

goldandsilverprofitsystem.com

powertradingtactics.com

goldandsilvertt.com

praffiliatenews.com

instantoi.com

premiumincomealert.com

instantoptionsincome.com

premiumincomeletter.com

instantprofitstoday.com

prinsiders.com

introtoforex.com

prinvestmentresearch.com

learntradingfast.com

prmembers.com

marketmastery.com

profitsrun.org

marketmasterytraining.com

profitsrunads.com

masteryindependence.com

profitsruncoaching.com

myprofitwindow.com

profitsrunresearch.com

nextprofitwindow.com

profitsrunretreat.com

nohypeetfs.com

profitsrunsupport.com

forexnittygritty.com

prtradingresearch.com

60secondforex.com

prunads.com

2030wealthtrader.com

prunsecure.com

2030wt.com

pruntrading.com

20minuteforextips.com

quantumswingtrader.com

6daywindow.com

realwealthincomegenerator.com

allforextraining.com

securecartpr.com

bigprofitwindow.com

smartforextraining.com

billsforextraining.com

smoothtrade.com

buildwealthright.com

stnginsiders.com

easyprofitwindow.com

stockmasterymaterials.com

etfincomeengine.com

stocktradingnittygritty.com

etfinsiders.com

thatprofitwindow.com

etfmethods.com

theforextimemachine.com

etfpick.com

theportfolioprophet.com

etfprofitdriver.com

thisprofitwindow.com

etfsupercharger.com

tradeforexlikethis.com

etftradingmethod.com

waytotradeforex.com

fnginsiders.com

wealthyskeptic.com

forexin20mins.com

webtrainingevents.com

forexincomeengine.com

yourprofitwindow.com

forexngi.com

billpoulos.com

As you can see, we are talking about a massive amount of websites.

Profits Run executes their marketing strategy through various unique marketing channels:

Traders Expo/Money Show seminar circuit.

Google ads that focus on keywords related to trading and make money from home schemes.

Profits Run Aggressive Boiler Room Salesman

Profits Run also operates a boiler room. Where sales agents aggressively call customers and attempt to sell a product that fits the demographic of the person on the telephone.

During 2016, as well 2017, TradingSchools.Org used various alias personalities with varying email addresses and geographically independent phone numbers in an attempt flush out the size and the scope of the sales operation.

In one conversation, we depicted ourselves as an elderly person on a very limited income. The salesman recommended a $9,000 purchase that included software, and daily options picks. We explained that our income was limited to a modest social security check, the salesman suggested that we take out a 2nd mortgage, borrow against our credit cards, or take a loan from a friend. That most people pay off their educational costs quickly with trading profits. That money worries would soon be a thing of the past.

In yet another conversation, we depicted ourselves as a young person looking to earn money as fast as possible. The salesman recommended a $16,000 purchase with the primary focus on scalp trading the Forex markets. We mentioned that our only resource was our college investment fund. The salesman implied that the trading courses would far outweigh the benefits of obtaining a college education.

Essentially, the Profits Run buffet of products has been created so that the salesman can quickly and easily match a product with the demographic of the person on the telephone. The sales technique is similar to sales operation of Vantage Point trading software, or Market Traders Institute.

Profits Run: where is the verified performance?

Profits Run is making some very bold promises and assumptions that traders will earn massive profits from the use of their investment products. In one recorded seminar, the owner of the company, Bill Poulos claims that he has helped 17,000 people become full-time professional traders. And countless others earn thousands of extra dollars each month, by simply copying and pasting the trading signals from the software.

Yes, I want an extra $2k every week.

But does Bill Poulos have a verifiable track record of ever trading successfully? Nope. In our multiple requests to the company, we attempted to verify his many claims of amazing trading profits. He ignored all probing questions and simply quipped, “this information is for educational purposes only.”

We asked the various salespersons on the telephone if they were using the trading products that they were aggressively selling? They all replied, “Absolutely, I am making BIG BANK.” However, when asked to verify these supposed profits, they simply could not.

Complaints about Profits Run

In the past two years, TradingSchools.Org has received and reviewed dozens of complaints regarding Profits Run. The most common complaint is that the trading software was useless, and nothing more than off-the-shelf trading indicators displayed on market data.

The second most common complaint is that the company does not honor their promise of a money back guarantee. Essentially, the company will attempt to stall, manipulate, or parlay with the victim in hopes that the victim simply gives up and goes away.

The following are a few excerpts of complaints that we have received and reviewed:

ProfitCaster is a COMPLETE SCAM. I quickly realized that Bill Poulos knew less about trading than myself. -A

RUN FAST FROM BILL POULOS. He scammed me for $2000. His course is complete garbage. -B

I purchased Wealth Income Generator hoping it would change my life. It didn’t. And they refused a full refund. -C

Avoid this con man. Every month, a new twist on an old product. The Taco Bell of trading educators. -D

I purchased Forex Income Engine and promptly lost $10k. -E

Buyer Beware! This guy, and his son are con artists looking to steal from newbies. -F

Wrapping Things Up

There is absolutely nothing wrong with purchasing a trading product. But you need to make sure that the trading vendor or trading educator has a verifiable track record of prior success. If the vendor balks or makes excuses or pleads some sort of lame argument that “the regulators say it’s illegal” or “my attorney say’s it illegal” or “I am a private person, and I don’t want anyone to steal my identity” is just stroking your candy cane. Hoping to sweet talk your credit card out of your pocket.

Thanks for reading. Would love to know if you have ever had any experience with Bill Poulos.

I won’t say it is a scam, but it is nothing near to “profitable”. I have joined the Instant Option Income program and it costs me 2k and I lost another 2k from using it then I could not be bothered to check back anymore. Also joined at the same time the Option Income Engine. This one works better but in the long run still give poor results. I trade better on options with my gut easily beating the two systems. Could not blame others, I will have to admit greed and laziness got me almost losing my shirt. If… Read more »

People like this are just scam artists and make all their income from deceiving others into believing their methods make money even though the truth is their methods lose more money than they make! If you do the opposite of these scam artists’ trades you probably will make money.

The tradingschools google ad-aware auto ads advertises for Greg Poulos and shows his mug in the top right occasionally. just a heads up in case tradingschools plans to do something about it. looks awkward.

I really enjoy the comprehensive reviews here and I use this site weekly to reference against when I get advertising inquiries from education providers. I rejected two inquiries recently because the reviews posted here about those companies were basically terrible. It saves me a lot of hassle because prior to tradingschools.org, I would bring on an advertiser only to discover that our community at EliteTrader.com tore the guy apart instantly just by asking the same simple question: “Can you provide proof of what you claim.” Then of course the advertiser would crumble under the scrutiny and then the whole advertising… Read more »

Thanks Baron. Its tough running a site like Elite Trader (which I admire). You always have to straddle the need for advertising revenue vs keeping things clean. I pretty much killed that sort of relationship with the brokers and software vendors, none of them will touch me. I agree about the conflict of interest regarding the Google ads. Unfortunately, I don’t have a lot of control as the ads are placed by Google. The revenue model for TradingSchools.Org is affiliate based. Which presents another set of problems. With no good solutions. I could always drop all advertising and affiliate and… Read more »

David, that is exactly correct. These con men are selling the fantasy which will usually cause more financial havoc than their free material packaged for sale. They will continue to encourage the rookie trader to learn more then you will be profitable. If the aspiring trader doesn’t have a shut off valve, they could lose their whole life savings which happens quite often. Not to mention, the time and effort one puts in to reach that mirage the grifters keep dangling. None of these educators trade with a live account anymore and most likely some never traded live. They wouldn’t… Read more »

I’ve long seen spam email ads with legacy scam Poulos’ name as I’m sure many who’ve been around and tried various sham trials before they woke up from the shilled kool-aid. Exactly, every month, every year, there’s a bunch of new aspiring retail traders and students who have no idea the totality of these shams who count on and make bank from this repeating cycle. Tradingschools is like a hazard warning sign no one bothered to put around falling rocks and slippery slopes.

Since the first Wall Street movie to The Wolf of Wall Street, there are young aspiring traders looking to get in the business in some way and with the rise of social media these hucksters gain a spot in their minds. Not to mention the many unsatisfied 9 t0 5 employees looking for a career change, they too become daily income to these fraudulent sites.

I haven’t come across a site that puts these crooks in check until Trading Schools. Unfortunately, there will be enough bait each month to chose from among the online trading grifters.

There is nothing new under the sun. People are still exactly the same as when you were swindling them. (Not being snarky with you as you already came clean about your past. I am just stating it as a cold, unjudging, fact). :-_

“In one conversation, we depicted ourselves as an elderly person on a very limited income. The salesman recommended a $9,000 purchase that included software, and daily options picks. We explained that our income was limited to a modest social security check, the salesman suggested that we take out a 2nd mortgage, borrow against our credit cards, or take a loan from a friend.” I am surprised he did not say sell a kidney and then buy back 2 with all the money you will make from the knowledge gained by taking their course. Seriously, Emmett when are you going to… Read more »

Rob B, I expected much more from you today. I say that tongue and cheek because even someone like you eventually gets just tired of speaking up about the whole industry being a scam. My point, the regulators know how bad it is and they know drastic moves are needed in order to just slow it down. I firmly believe it will continue to get worse if something is not done by regulators in a dramatic course of action. The crooks are learning that this is an easy con with little blow back. For every story of a senior getting… Read more »

Wow, I’m sorry but it still shocks me that there are people like this scoundrel out there looking to make a living off of other people’s misery. I know by now nothing should surprise me after all the posts of this blog, but there must be hundreds of people that lost because of this man’s scam and he is the tip of the iceberg. There must be some regulators in charge of thwarting the tidal wave of scams with a half of sense to know that if sweeping changes aren’t made it will continue to get worse. Think about it,… Read more »

The regulators and lack of concern is because there is an inherent conflict of interest between the regulators, trading educators, and trading consumers. To blame human nature being greedy for falling for these scams is an utterly cynical cop-out akin to the awful victim blaming in the death of that fabulous young man Otto Warmbier who went to North Korea, RIP Otto. Back to the issue, the regulators, such as the NFA, are self-regulating but their main purpose is to market trading to retail and institutions through FCMs, IBs, and CTAs. Have you ever wondered why futures brokerages don’t publish… Read more »

what a pile of gobblydook plagiarizing phrases and words from other article writers trying to make a nebulous sounding point , lol. so the CFTC is in cahoots, yeah right. The CFTC gets their funding from the taxpayers not from brokerage commissions. Of course the brokers don’t want to show how most retailers lose, doh, no need to “wonder”.